How to use 1031s & DSTs to Create Generational Wealth with Tim Tepes скачать в хорошем качестве

How to use 1031s & DSTs to Create Generational Wealth with Tim Tepes

Building generational wealth through real estate isn’t just about buying properties—it’s about knowing how to preserve capital, defer taxes, and strategically reposition assets over time. On this episode of the Next Level Income Podcast, we sit down with real estate veteran Tim Tepes to break down two powerful tools that sophisticated investors use to scale and protect wealth: 1031 exchanges and Delaware Statutory Trusts (DSTs). With over three decades of hands-on experience and more than 2,000 properties closed, Tim brings rare, real-world insight into how these strategies work beyond theory—and how investors can use them to move from active ownership into long-term, legacy-focused investing. 🔗 Connect with Tim Tepes 🌐 http://www.timtepes.com 🌐 https://www.simplifyingthemarket.com/... 🌐 https://mls-client.com/7B9EB306 🌐 https://totalclosellc.com/ 🌐 https://tim-tepes-realtor.agentfire3.... 📧 Email: timtepes@gmail.com ⏱️ Episode Timestamps 00:00 Intro – Saving taxes and increasing property value 00:16 Welcome to the Next Level Income Show 00:34 Generational wealth with 1031 exchanges & DSTs 00:59 Introducing guest Tim Tempest 01:18 Why generational wealth planning matters 02:24 Tim’s background: Growing up in construction & real estate 02:50 “Bottom of the ladder” lesson from Tim’s dad 03:12 Early real estate investing journey 03:28 Learning hard work, discipline, and delayed gratification 04:21 Early mentors, investing basics & compounding interest 05:30 The importance of mentors and mastermind groups 06:03 Life lessons from blue-collar work & perspective 07:17 Finding mentors and learning early investing strategies 07:23 First stock investments & dollar-cost averaging 08:30 Family real estate legacy & buying from the estate 09:36 Mastermind culture and learning from peers 10:39 What is a 1031 exchange? 11:09 Chris’s first 1031 exchange success story 12:40 How 1031 exchanges work (rules & timelines) 13:33 Case study: Helping a widow avoid $2M in taxes 14:17 Moving from active rentals to passive DST income 15:06 Diversification across asset classes & states 16:04 Turning tax savings into long-term income 17:06 Reinvesting income for compounding wealth 18:09 Teaching compounding interest to kids 19:01 Using 529 plans and planning ahead for children 20:04 Living below your means & reinvesting gains 20:36 Teaching compounding with real-world examples 22:08 Helping kids understand business ownership 23:03 Preserving wealth with step-up basis 24:03 What are DSTs, K-1s, and dynasty trusts? 25:11 Avoiding probate and protecting assets 26:12 Family rules, education, and legacy planning 27:21 Vanderbilt vs Rockefeller wealth lesson 28:14 Discipline, sacrifice, and long-term thinking 29:39 The 1% rule: Learning something every day 30:08 How to contact Tim Tempest 30:39 Final thoughts & going viral 30:56 Free resources & show wrap-up